Monday, January 16, 2012

More gold fever: designer bullion


Dillon Gage Metals photo

With all the gold fever going on, it's just a matter of time before the precious metal got a designer touch of its own.

Jean-Paul Gaultier has designed a limited-edition one-ounce gold bar, the first designer to do so, which dealer Dillon Gage says will provide "a fashionable way for investors to diversify holdings and hedge against inflation."

Though his name may be unfamiliar to bankers and portfolio managers, Gaultier is known for his haute couture, fragrances and as well as Madonna's racier stage costumes.

The gold-bar features Gaultier's signature sailor stripe on a heart with a banner bearing his name.

The price of gold, less than $100 an ounce 40 years ago, has swelled in the past few years. It's price today is about $1,650 and ounce.

This collector's item can be purchased from Dillon Gage Metals, the sole distributor in the United States, by visiting www.dillongage.com/metals

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